InsurTech Amplified
InsurTech Amplified
Theresa Blissing and Michael Waitze
March 2024, Amplified - Trump, The Titanic and the State Farm Downgrade
34 minutes Posted Apr 6, 2024 at 11:18 am.
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Show notes

In today’s fast-paced world, the intersection of insurance, technology, and current events often leads to intriguing and complex discussions.

This Month, Amplified had just one of those discussions with David Gritz about the events of last month...including InsurTechNY's recent Spring Conference.

We also spent a decent amount of time talking about Trump's surety bond...and its role in the current legal context.

The conversation took an intriguing turn when discussing a the recent incident on Baltimore and the crash of a cargo ship into the Francis Scott Key Bridge. This led to an exploration of the Limitation of Liability Act of 1851, emphasizing how age-old laws continue to influence modern insurance claims and liabilities.

David also highlighted State Farm General's recent downgrade by AM Best and its broader implications for the insurance market and homeowners, especially in California, pointing to a potential need for the industry and regulators to adapt to the realities of climate change and market dynamics.